john in florida. john! >> hi, jim. john k in dundedin, florida. >> how have you been? what's up? >> i'm certain of the following question, if i purchased 1,000 shares of a company, let's say at $10 today, and three months later i purchased another thousand shares of the same company at $5. now, if the stock goes up a dollar, can i take the profit on the second thousand shares or must i sell the first thousand shares and take a loss of a dollar? i'm uncertain of the answer. >> okay. i want you to talk to your tax guy on that. you can elect the lot, but you've got to talk to your tax guy, because i want to know what he says and i don't think that specific advice is going to be helpful to you. can i go to jim in arizona, please? jim. >> hi, jim. thanks for taking my call. >> of course. >> my question is about secular and cyclical stocks. you're always telling us to make sure that we're diversified in our stock portfolio. >> right. >> and i'm just wondering how should i diversify these types of stocks in my portfolio? >> get rich carefully goes over this because i think the most conf